Common use of Ratification Bonus Clause in Contracts

Ratification Bonus. Each regular full-time employee on the payroll as of the date of ratification will receive a single $1,000 lump sum contract ratification bonus. Each part-time employee on the payroll as of the day of ratification will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013.

Appears in 2 contracts

Samples: Agreement, Agreement

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Ratification Bonus. Each regular All full-time employee on the payroll and part-time employees as of ratification of the date of ratification current contract will receive a single $1,000 one-time lump sum contract ratification bonus. Each part-time employee bonus of $225.00 paid on the payroll as first full pay period following ratification of the day of ratification will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013this collective bargaining agreement.

Appears in 1 contract

Samples: Agreement

Ratification Bonus. Each regular full-time employee All employees on the payroll as of on the date of ratification will shall receive a single $1,000 lump sum contract ratification bonus. Each part-The bonus shall be paid within 30 days of ratification. Employees classified as full time employee on the payroll as of the day date of ratification shall receive a $500 bonus and employees classified as part time on the date of ratification shall receive a $250 bonus. Employees on a leave of absence will receive a prorated ratification their bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013upon return to work.

Appears in 1 contract

Samples: Memorandum of Agreement

Ratification Bonus. Each active regular full-time employee on the payroll as of the date of ratification and on the payout date will receive a single two-hundred and fifty dollar ($1,000 250) lump sum contract ratification bonus. Each active part-time employee on the payroll as of the day date of ratification and on the payout date will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7August 26, 20132016. All ratification bonus payments will have appropriate deductions withheld. Such payment shall be made as soon as practicable following ratification.

Appears in 1 contract

Samples: Agreement

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Ratification Bonus. Each regular full-time employee on the payroll as of the date of ratification will receive a single $1,000 lump sum contract ratification bonus. Each part-time employee on the payroll as of the day of ratification will receive a prorated ratification bonus based on their t heir part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013. Other Article 13 Changes 13.07- Deleted sickness or accident. No intent change. Name change only.

Appears in 1 contract

Samples: ibew21.org

Ratification Bonus. Each regular full-time The Employer will pay a ratification bonus in the gross amount of seven hundred fifty dollars ($750.00), less required withholding, to all bargaining unit employees payable in the first full pay period following ratification. To be eligible to receive this ratification bonus, an employee must be employed on the payroll as of the date of ratification will receive a single $1,000 lump sum contract ratification bonus. Each part-time employee on the payroll as of the day of ratification will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013ratification.

Appears in 1 contract

Samples: Agreement Between

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